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Latest News

What Will September's Accelerating Wage Growth Mean for Canadian Mortgage Rates?

We received the September Canadian employment report last Friday and while it showed that our rate of job creation slowed, it also confirmed that average wages increased by 2.2% on a year-over-year basis.

Young couple wonder if they can afford something a little larger in Vancouver's real estate market.

They may be young professionals earning a good income, but Esther and Ewen are finding high Vancouver real estate prices a challenge. They are both age 32 and bring in $219,000 between them, about evenly divided.

This proposed mortgage rule will make home ownership harder for careful savers

If recent interest rate hikes and dozens of new rules affecting the housing market weren't enough, there's a new threat to affordability for first-time homebuyers, one that is completely avoidable.